T. Howell, Sabrina; Rathje, Jason; Van Reenen, John; … - 2022
There is little econometric study of how governments should procure innovation. One choice facing policymakers is …” approach). We exploit a natural experiment in the widely emulated Small Business Innovation Research (SBIR) program. From 2018 … commercial innovation measured by VC funding and patenting. By contrast, Conventional awards have no effects on these outcomes …